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The big moves can happen at any time. You have to be willing to stay up for them. You cant give up hundreds of percents of profits in the name of a schedule. Thats the price of being here. I had non 24 sleep disorder BEFORE crypto so I'm fine.
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It took me 6 years of losing to learn how to trade but now it's so easy it's like I'm in the matrix and candlesticks are falling everywhere but I wouldnt recommend someone new try it with any significant amount of money.
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Stock trading:
-limited volume
-limited volatility
-open 930-400 est
-closed on weekends
-trading halts, sec interventions
-unlimited shares that can be dumped
-regulations
-sudden jagged movements on news that are instantly locked down by banks and professional traders and there is no trending or room for daytrading.
-everything on one centralized exchange and no room for arbing or leading your trades based on a different exchange
-delayed and/or expensive market data
-nontransparency and deceit by companies.
There is no comparison.
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How do I grow my btc? With bitcorn fertilizer? |
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Can these alt fork coins please just convert my coins to BTC for me and just send them to my current address?
OK? Thank's in advance!
But does this happen right away or is it automatically at the top of the 1000% or whatever rally? |
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It reflects the attitude of bitcoin bulls that have the absolute faith that bitcoin will maintain a parabolic exponential trend forever.
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1. Buy dips/crashes by watching the volume
2. Buy breakouts
3. Buy the last part of a big wall
Sell when it looks like it's turning around (you have to learn). Stop out somewhere close to the buy price.
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I withdraw all my coins and stop trading for 6 months.
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Yes but only if you have experience and know what you're doing and are ready to make split second moves like a Ninja.
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This is like that social experiment on Facebook where they proved that people comment on links without opening them.
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^ Can you make that them play screaming sound effects whenever the price swings?
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The vast majority of thread participants herein would have never bought such a stupid dumbass centralized manipulated coin,
I will daytrade anything with volume, but I only hodl bitcoin and little bit of ltc and eth. |
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Lee Nak-yeon expressed concerns over Korea’s bitcoin craze, warning that “young people and students are rushing into virtual currency trading to earn huge profits in just a short period of time,” and that “it is time for the government to take action as it could lead to serious pathological phenomena if left unchecked" forcing young people into illegal activities like drug dealing. Oh yes I came here just for trading but then was forced into using the drugs. Thats how it works.  |
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As soon as the trade isn't playing out as expected, like it only broke out 1% and turned back around, sell. If you look at a chart, and it's not something you would buy, then sell. If you're already stuck in a big drop then wait for the first significant bounce and sell.
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It would happen in a flashcrash on a single exchange for 5 seconds, like the $100 in 2014
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Yup its always the news that the price moved $X "ON" something that happened recently.
"Bitcoin moves $2 on reports that bitcoiner lost his key"
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For hardcore bitcoiners who see their wealth in coins and not fiat, a bear market is nothing, and is actually a good thing. It is a chance to get cheap coins, or multiply the coins with daytrading or margin trading. Since you are acquiring more coins, and your wealth is valued in coins, your wealth is going up, not down. It's all about what percentage of the pie you hold when Bitcoin is the world currency.
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Never sell 100%. If fiat collapses tomorrow or all the banks and exchanges take your money then you are left with nothing. 90% is okay not 100%. If you must do 100% then you can keep coins on chain and short somewhere else to hedge it.
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